Bhinneka News Online: Reuters Deals Today: January 25, 2018

Thursday, 25 January 2018

Reuters Deals Today: January 25, 2018

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Thursday, January 25, 2018

Qualcomm signs $2 billion sales MOUs with Lenovo, Xiaomi, vivo and OPPO

(Reuters) - Qualcomm Technologies Inc has signed memorandums of understanding for sales worth at least $2 billion with top Chinese smartphone vendors, receiving vocal support from the firms as it fights an unsolicited buyout bid from Broadcom Ltd .

Alibaba, U.S. grocer Kroger had early business development talks: source

SAN FRANCISCO (Reuters) - Chinese e-commerce and technology company Alibaba Group Holding Ltd and U.S. grocer Kroger Co have had early discussions on working together, including a meeting in which U.S. executives traveled to China, a source familiar with the matter said.

Total has means for more acquisitions but 2018 focused on 2017 deals: CEO

DAVOS, Switzerland (Reuters) - Total's chief executive Patrick Pouyanne said on Thursday the group had the means to make more major acquisitions but 2018 would be focused on absorbing Maersk Oil and other deals made last year.

China's Kuaishou in $1 billion Tencent-led funding round, eyes IPO: sources

HONG KONG (Reuters) - Chinese live-video streaming start-up Kuaishou, backed by Tencent, is nearing the close of a $1 billion funding round led by the tech giant and plans to list as soon as this year, three people familiar with the matter said.

Saudi's SABIC buys quarter of Clariant as activists cash in

ZURICH/KHOBAR, Saudi Arabia (Reuters) - Saudi Basic Industries Corp (SABIC) bought a 25 percent stake in Clariant, ending the Swiss speciality chemical group's fight with activist investors but raising further questions about its future.

Canada's Aurora Cannabis to buy rival to create world's most valuable weed firm

(Reuters) - Canada's No. 2 marijuana producer Aurora Cannabis Inc has agreed to buy smaller rival CanniMed Therapeutics Inc for C$1.1 billion ($852 million) as companies jostle to benefit from the country's legalization of recreational marijuana use later this year.

Exclusive: RPX Corp explores potential sale - sources

(Reuters) - RPX Corp , a U.S. provider of patent management services, is exploring a sale as part of a review of its options, according to people familiar with the matter.

Norway wealth fund shuffles U.S. logistics property portfolio

OSLO (Reuters) - Norway's $1.1 trillion sovereign wealth fund and real estate firm Prologis Inc. have sold 27 logistics properties from their joint U.S. portfolio to a unit of Blackstone , the fund said in a statement on Thursday.

BoComm Leasing exec says may consider IPO in future

DUBLIN (Reuters) - Chinese aircraft lessor Bank of Communications Financial Leasing Co. (BoComm) may consider an initial public offering at some stage in the future, an executive said on Thursday.

Nippon Life eyeing acquisitions to drive growth: new president

TOKYO (Reuters) - Nippon Life Insurance is looking at potential acquisition targets for growth, its new president said on Thursday, as Japan's largest privately-owned life insurer faces a shrinking population and low interest rates at home.